SONGWON Industrial Co.,
Ltd., the second largest manufacturer of polymer stabilizers in the world has
signed an exclusive distributorship agreement in India with Connell Brothers, the
largest marketer & distributor of specialty chemicals and ingredients in the
Asia-Pacific region.

Under the agreement, Connell Brothers will exclusively market and distribute
SONGWON’s fuels and lubricant additives (including aminic, phenolic and
phosphite) throughout India. The agreement also serves to extend SONGWON’s already
strong presence in India and sets the foundation for further expansion.

"India is an important region for us and we are very pleased to have
Connell Brothers as our partner for this market,” Olivier Keiser, Leader BU
Lube Additives. “With their highly qualified and
knowledgeable representatives, unparalleled regional experience and
well-established network, we are confident that our customers will receive the
highest level of service.”

“We are looking forward to
becoming a partner to SONGWON and to expanding our offering with its comprehensive
high-quality fuel and lubricant solutions. By adding SONGWON’s business to our
portfolio, we are strengthening our platform to support our customers’ growth
aspirations,” says Tejas Parekh, Country Manager, India.